Ex-Julius Baer Manager Starts Family Office With $2.2 Billion

Carret Private, a Hong Kong-based multi- family office set up by a former Asian products head at Bank Julius Baer & Co., is starting with $2.2 billion in assets that it plans to allocate across hedge funds and private-equity pools. The firm, which plans to increase assets to $5 billion by 2019, has partnered with…